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201108063 (C) "Lender"isHome Federal Savings and Loan Assn of Grand Island Lender is a Savi ngs and Loan organized and existing under the laws of 7 h e S t a t e o f N e b r a s k a Lender's address is 221 South Locust St Grand Isl and NE 68801- Lender is the beneficiary under this Security Instrument. (D) "Trustee" is Arend R Baack. Attorney ( E) A NOI� means the promissory note signed by Borrower and dated 0 c t o b e r 21, 2 011 . The Note states that Borrower owes Lender ONE HUNDRED FORTY EIGHT THOUSAND AND 00/100 Dollars (U.S. $148 , 0 0 0. 0 0 ) pIus interest. Borrower has promised to pay this debt in regular Feriodic Payments and to pay the debt in full not later than N o v e m b e r 1, 2 0 Z 6 . (F� "Property" means the praperty that is described below under the heading "Transfer of Rights in the ProPertY." (G) "Loan" means the debt evidenced by the Note, plus interest, any prepayment chatges and late charges due under the Note, and all sums due under t1�is Se�urity Instrument, plus interest. (FE) "Riders" means all Riders to this Security Insixument t�at aze executed by Borrower. The following Riders are to be executed by Borrower [ch�k box as app3ic�bFe]: Q Adj�stabte I�ate Ri@er � Condaminium Rider � Second Home Rider � Ball�n Ritler � Fla�ed Unit Development ltider � 1-4 Famiiy Itider Q V�L Rider 0 Biweekly Payment Rider �] Other(s) [Sl�i�3'l (1) "Applicable Law" means atl controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules aud orders (that have the effect of law) as well as alI applicable final, non-appealable judicial opinions. (J) "Community Assoa6ation Dues, Fees, and Assessments" means all dues, fees, assessments and other cktarges that are imposed on Bonower or the Property by a condominium association, homeowners association or similar organization. (K) "Electronie Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic insuument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated tellez machine transactions, transfers iniriated by telephone, wire transfers, and automated clearinghouse transfars. (L) "Escrow Items" means those items that aze described in Section 3. (M) "Miscellaneous Proceeds" means atty compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance pzoceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemna.tion; or (iv) misrepresentations of, or omissions as to, the value and/or condirion of the Property. NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM �NSTRUMENT Form 3028 1/07 VMP Q VMPB(NE) (7105) Woiters Kluwer Financial Serv(ces Page 2 of 17